Taxes & Fees - Oregon Citizens Lobby

SB 140 Raises CAT exemption level, but increases tax

Posted on June 10, 2023 by dbleiler | 0 Comments

This bill amendment -3 raises the Corporate Activities Tax (CAT) exemption level from $1 million to $2 million (-5 amendment is $3 million and reduces labor deduction to $125,000 per employee) to help spare the pain on many businesses. Yet at the same time raises taxes on businesses by 16% by reducing expense deductions for certain businesses, $2M to $10M,…

HB 2100 Increases DMV fees

Posted on June 9, 2023 by dbleiler | 0 Comments

This bill increases fees related to driver licenses, driver permits, identification cards and motor vehicles. Provides that registration period for new mopeds and motorcycles is two years instead of four years This bill effectively raises fees across the board on the various services that the DMV offers, but most steeply impacts our truck drivers—raising their cost of entry into the profession…

SB 774/SJR 26 Removes kicker language

Posted on May 31, 2023 by dbleiler | 0 Comments

A new Kicker income tax refund bill that is WORSE than the House version that was defeated. Bot SB 744 and SJR 26 simply removes kicker language from the Constitution and statutes dumping the money back into the General Fund for spending. This removes any accountability Oregon taxpayer have over legislature spending. Oregonians are expected to collect, on average, a $785…

SB 502A Redistributed kicker $1,000 to each taxpayer

Posted on May 31, 2023 by dbleiler | 0 Comments

This bill deposits the kicker amount into the State Treasury and distributes $1,000 to each full-year resident taxpayer, and the remainder transferred to the Oregon Wildfire Mitigation and Adaptation Fund. The method would take from high taxpayer and give to anyone filing a tax return $1,000 whether or not they paid taxes. A socialism redistribution of wealth. The legal way…

SB 1 Self-identified race/ethnicity on tax forms

Posted on March 30, 2023 by dbleiler | 0 Comments

This bill allows personal income taxpayers to voluntarily report taxpayers’ self-identified race and ethnicity identifiers. Charges the Department of Revenue with creating a schedule to enable taxpayers to use the REAL-D (Race, Ethnicity, Language, and Disability) race and ethnicity identifiers as the list from which a taxpayer may select up to three options. A firewall inside the department will ensure…

HJR 23 Dedicates part of kicker to drought

Posted on March 21, 2023 by dbleiler | 1 Comments

This bill proposes amendment to Oregon Constitution to modify return of surplus revenue to personal income taxpayers by directing percentage of surplus revenue to reserve fund established to combat drought. Maintains return of surplus to taxpayers with lower incomes and phases out amount re-turned to taxpayers with higher incomes. Refers proposed amendment to people for their approval or rejection at…

SB 655 Senior & disabled property tax deferral program

Posted on March 21, 2023 by dbleiler | 0 Comments

This bill freezes assessed value of homestead at the amount from the preceding year for purposes of property taxation under the homestead property tax deferral program, also known as the Senior and Disabled Property Tax Deferral Program. Freeze specifically applies to individuals at least 68 years of age or with disability that would be eligible if not for a reverse…

HB 3010 Limits mortgage interest deduction on income tax

Posted on March 15, 2023 by dbleiler | 0 Comments

This bill has critical blank areas so no one really knows how much it will affect their tax base. It limits, for purposes of personal income taxation, amount of allowed mortgage interest deduction. It actually allows the deduction over XX amount, which means it’s a wealthy homeowner deduction, but eliminates the tax for “affordable” housing. Fifty percent of the estimated…

HB 3159 Increases lodging tax

Posted on February 25, 2023 by dbleiler | 0 Comments

This bill doubles the state transient lodging tax. A tax of [1.5] 3 percent is imposed on any consideration charged for the sale, service or furnishing of transient lodging. The original 1.5 percent continues to go to the Oregon Tourism Commission. The added 1.5 percent goes to Fish and Wildlife Account, Recovering Oregon’s Wildlife Fund Subaccount. Changes name of Oregon…

HB 2601 Prohibits carbon-intensive investments

Posted on February 16, 2023 by dbleiler | 1 Comments

This bill would politicize state investments decisions by directing State investors to choose politically favored environmental stocks over traditional, reliable, historically money-generating energy sector stocks. This comes as State investments in the State Government Pension system (PERS) is $24 billion in the red. While Oregon is suffering from a pension crisis (among the worst in the nation), liberal politicians want…

HB 3194 Raises property value amount for improvements regarding property tax caps

Posted on February 12, 2023 by dbleiler | 0 Comments

This bill will make it so you can do projects at today’s costs as “minor construction” without running into the caps to trigger a re-evaluation of your property by the county. The current caps are $10,000/year and $25,000 over rolling five year period. These caps were set back in 1997. HB 3194 changes from fixed amounts for everyone to a…

SB 127/HB 2433 Increases CAT tax threshold

Posted on February 10, 2023 by dbleiler | 1 Comments

This bill raises the Corporate Access Tax threshold to $5 million. Raising the threshold from $1 million to $5 million would give and exemption of approximately 13000 small-med businesses The CAT tax needs some accountability. Taxpayers are not seeing measurable returns in any improvement in education and the entire CAT tax needs to be repealed and not add to inflation.

HB 2624 Increases estate tax exclusion

Posted on February 6, 2023 by dbleiler | 2 Comments

This bill allows additional estate tax exclusion of $1 million, and adjusts for inflation using the monthly averaged U.S. City Average Consumer Price Index for the 12 consecutive months ending August 31, 2022. In addition to any other amounts allowed under this chapter, an exclusion in the amount of $1 million is allowed against the tax due. Effective January 1,…

HB 3158 Taxes on diesel equipment

Posted on February 3, 2023 by dbleiler | 6 Comments

This bill imposes a laundry list of taxes relating to engine emissions that would make farming or owning or operating any kind of heavy equipment in Oregon more expensive. Tax on tires Tax businesses that sell offroad diesel equipment. Tax the use of offroad diesel equipment if you purchase it out of state. Tax heavy equipment rentals of nonroad diesel…